Please find enclosed results as above and brief profile of secretarial auditor.
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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Awaiting price reaction for this filing.
Hira Automobiles reported unaudited standalone results for Q1 FY26 (quarter ended 30 June 2025) with revenue from operations of ₹2,273.22 lakhs, down sharply from ₹5,656.04 lakhs in Q1 FY25 — a YoY decline of nearly 60%. Net profit came in at ₹4.74 lakhs versus ₹10.65 lakhs a year ago, translating to an EPS of ₹0.17 (vs. ₹0.39). Finance costs remained heavy at ₹163.38 lakhs, while employee benefit expenses were trimmed to ₹155.23 lakhs (from ₹262.78 lakhs). Profit before tax was just ₹5.74 lakhs, indicating wafer-thin margins. The company operates in a single segment — vehicle sales and service. Separately, the Board appointed M/s. Ravinder Kumar, Company Secretaries as Secretarial Auditor for five years (FY 2025-26 to FY 2029-30), subject to shareholder approval. Statutory auditor Mohan Juneja & Co. issued an unqualified limited review report.
The steep ~60% revenue collapse is a serious red flag for a small-cap dealer and is likely to weigh negatively on the stock. With finance costs consuming the bulk of operating profit and negligible bottom-line cushion, shareholders should seek management commentary on the reasons for the sharp sales decline and outlook for the rest of FY26.